DistantNews
Support us
Stock Market: General Price Index at 2,449.41 points, with marginal 0.09% drop
๐Ÿ‡ฌ๐Ÿ‡ท Greece /Economy & Trade

Stock Market: General Price Index at 2,449.41 points, with marginal 0.09% drop

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • The general price index on the Athens Stock Exchange is down 0.09% to 2,449.41 points amid a downward trend in major European markets.
  • Trading value stands at 71.57 million euros, with the high-cap index down 0.22% and the mid-cap index down 0.17%.
  • Motor Oil shares are trading ex-dividend, contributing to a significant drop, while OLP, Allwyn, and Bank of Cyprus shares saw the largest gains.

The Athens Stock Exchange is experiencing a slight downturn, with the general price index falling by 0.09% to 2,449.41 points by 13:00 local time. This modest decline mirrors a broader negative sentiment affecting major European markets.

During the trading session, the index reached an intraday low of 2,438.97 points, a 0.52% decrease. The total value of transactions has reached 71.57 million euros. The high-capitalization index is down 0.22%, while the mid-capitalization index has retreated by 0.17%.

Among the blue-chip stocks, OLP (Piraeus Port Authority) saw the largest gains, rising 1.09%, followed by Allwyn (+0.77%) and Bank of Cyprus (+0.62%). Conversely, Motor Oil experienced the most significant drop, falling 3.76%. Other notable decliners include Elvalhalcor (-1.32%), Aktor (-1.20%), and Viohalco (-1.12%). Motor Oil shares are trading ex-dividend, with the dividend amounting to 1.4 euros per share before tax (1.35 euros net).

In terms of trading volume, Bally's Intralot and Eurobank are the most active, with 5,229,097 and 2,334,356 shares traded, respectively. Eurobank leads in trading value with 9.51 million euros, followed by Bally's Intralot with 6.35 million euros. Overall, 38 stocks are advancing, 65 are declining, and 13 remain stable.

DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.